Magellan Health Mootness Fee

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Supplemental Disclosures to Be “Plainly Material” to …

(2 days ago) WebIn Anderson v. Magellan Health, Inc., the Delaware Court of Chancery drastically reduced a plaintiff’s mootness fee request and held, in an opinion by Chancellor McCormick, that, moving forward, plaintiffs can justify a mootness fee only if they obtain …

https://corpgov.law.harvard.edu/2023/08/01/supplemental-disclosures-to-be-plainly-material-to-justify-mootness-fee-awards/

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Magellan Health: A New North Star for Mootness Fee Disputes …

(2 days ago) WebAs for supplemental disclosures specifically: the go-forward expectation is that a mootness fee award will be predicated on the additive information being …

https://ma-litigation.sidley.com/2023/08/magellan-health-a-new-north-star-for-mootness-fee-disputes-may-reduce-payments-to-plaintiffs-counsel/

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Delaware Chancellor Raises the Standard for Pricing …

(2 days ago) WebMagellan Health, Inc. that the Court of Chancery is raising the standard for pricing supplemental disclosures in mootness-fee proceedings from merely “helpful” to …

https://www.gibsondunn.com/delaware-chancellor-raises-the-standard-for-pricing-mootness-fees-for-supplemental-disclosures/

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Delaware Court of Chancery Provides Guidance on …

(9 days ago) WebMagellan Health Inc., C.A.No. 2021-0202-KSJM (Del. Ch. July 6, 2023), Chancellor McCormick granted a fee award of $75,000 in response to a fee request of …

https://www.delawarelitigation.com/2023/07/articles/chancery-court-updates/delaware-court-of-chancery-provides-guidance-on-standard-for-awarding-mootness-fees/

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DELAWARE CHANCELLOR RAISES THE STANDARD …

(2 days ago) WebMOOTNESS FEES FOR SUPPLEMENTAL DISCLOSURES . To Our Clients and Friends: In a precedential decision on July 6, 2023, the Delaware Court of Chancery lowered …

https://www.gibsondunn.com/wp-content/uploads/2023/08/delaware-chancellor-raises-the-standard-for-pricing-mootness-fees-for-supplemental-disclosures.pdf

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Delaware Court of Chancery Raises Bar for Supplemental …

(3 days ago) WebOn July 6, 2023, the Delaware Court of Chancery decided in Anderson v.Magellan Health, Inc. that the court would no longer apply the In reXoom Corp. …

https://www.mcguirewoods.com/client-resources/alerts/2023/10/delaware-court-of-chancery-supplemental-disclosures-mootness-fee-awards/

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S&C Publication: Delaware Heightens Standard for M&A …

(4 days ago) WebOn July 6, 2023, the Delaware Court of Chancery in Anderson v.Magellan Health, Inc. announced that going forward, the Court of Chancery would award mootness fees in …

https://www.sullcrom.com/insights/memo/2023/July/Delaware-Heightens-Standard-for-M-A-Mootness-Fee-Awards

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Anderson v. Magellan: Delaware Court of Chancery …

(9 days ago) WebIn Anderson v. Magellan Health, Inc., the Delaware Court of Chancery raised the standard for awarding mootness fees in settled M&A disclosure cases that …

https://www.engage.hoganlovells.com/knowledgeservices/news/anderson-v-magellan-delaware-court-of-chancery-elevates-standard-to-justify-mootness-fees/

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Delaware Court of Chancery Clarifies Heightened Standard for …

(5 days ago) WebIn Anderson v.Magellan Health, Inc., No. 2021-0202, — A.3d —-, 2023 WL 4364524 (Del. Ch. July 6, 2023) (McCormick, C.), the Delaware Court of Chancery …

https://www.corporatesecuritieslawblog.com/2023/07/delaware-court-of-chancery-clarifies-heightened-standard-for-recovery-of-attorneys-fees-in-disclosure-based-deal-litigation/

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Delaware Chancery Court Announces Higher Standard for …

(2 days ago) WebDelaware Chancery Court Announces Higher Standard for Mootness Fee Awards for Supplemental Disclosures in M&A Litigation July 17, 2023, Covington Alert …

https://www.cov.com/en/news-and-insights/insights/2023/07/delaware-chancery-court-announces-higher-standard-for-mootness-fee-awards-for-supplemental-disclosures-in-m-and-a-litigation

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Delaware Court of Chancery Clamps Down on Mootness Fees for …

(3 days ago) WebIn January 2021, Centene Corporation agreed to acquire Magellan Health, Inc. As has become a near-universal occurrence in connection with the acquisition of a public …

https://www.wsgr.com/en/insights/delaware-court-of-chancery-clamps-down-on-mootness-fees-for-immaterial-supplemental-disclosures.html

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Delaware Recovery of Attorneys’ Fees in Disclosure-Based Deal Lit

(4 days ago) WebMagellan Health, Inc., No. 2021-0202, — A.3d —-, 2023 WL the Court will only award disclosure-based mootness fees when the complaining shareholder obtains …

https://www.natlawreview.com/article/delaware-court-chancery-clarifies-heightened-standard-recovery-attorneys-fees

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Delaware Chancery Court Announces Higher Standard for …

(3 days ago) WebMagellan Health, Inc. that, going forward, supplemental disclosures secured by plaintiffs’ counsel in merger litigation must be material in order to support a mootness …

https://www.lexology.com/library/detail.aspx?g=fbf6e3f2-2ca8-4b3f-9c37-c1ef3dd8215c

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Magellan health: a new north star for mootness fee disputes

(3 days ago) WebOn June 6, 2023, in an unpublished transcript ruling, the Court sided with Magellan Health and awarded $75,000 in fees – the bottom end of what the company …

https://www.lexology.com/library/detail.aspx?g=5fc5d82c-2795-4c8d-bb13-cddda27edc30

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Delaware Court Of Chancery Clarifies Standard Applicable To …

(3 days ago) WebAnderson v. Magellan Health, Inc., C.A. No. 2021-0202-KSJM (Del. Ch. July 6, 2023). Plaintiff’s suit, commenced after the publication of the merger proxy and prior to …

https://www.lexology.com/library/detail.aspx?g=e8fcf718-2ddf-4325-8d15-3008017572b4

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Fees in 'merger tax' cases now harder to snag in Delaware …

(4 days ago) WebMagellan Health, Inc., opens new tab, are which permitted mootness fees to plaintiffs' lawyers who prodded companies to add deal proxy disclosures that were in …

https://www.reuters.com/legal/transactional/column-fees-merger-tax-cases-now-harder-snag-delaware-chancery-court-2023-07-07/

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Delaware Chancery Chief Cracks Down on ‘Mootness’ Fee Requests

(4 days ago) WebChancellor Kathaleen St. J. McCormick issued an unusual 37-page opinion in a case involving Centene Corp.'s $2.2 billion acquisition of Magellan Health Inc. The ruling …

https://news.bloomberglaw.com/esg/delaware-chancery-chief-cracks-down-on-mootness-fee-requests

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Anderson v. Magellan: Delaware Court of Chancery elevates …

(Just Now) WebIn Anderson v. Magellan Health, Inc., the Delaware Court of Chancery raised the standard for awarding mootness fees in settled M&A disclosure cases that …

https://www.jdsupra.com/legalnews/anderson-v-magellan-delaware-court-of-7807903/

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Oracle Ruling Underscores Trend of Mootness Fee Denials

(4 days ago) WebThe Chancery Court order in the Oracle Corp. litigation follows a trend of Delaware courts reducing or rejecting mootness fees. In July 2023, the Delaware …

https://www.troutman.com/insights/oracle-ruling-underscores-trend-of-mootness-fee-denials.html

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Magellan Behavioral Health Therapists in New Brunswick, NJ

(9 days ago) WebFind Magellan Behavioral Health Therapists, Psychologists and Magellan Behavioral Health Counseling in New Brunswick, Middlesex County, New Jersey, get help for …

https://www.psychologytoday.com/us/therapists/magellan-behavioral-health/nj/new-brunswick

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Magellan Behavioral Health Therapists in Cherry Hill, NJ

(7 days ago) WebFind Magellan Behavioral Health Therapists, Psychologists and Magellan Behavioral Health Counseling in Cherry Hill, Camden County, New Jersey, get help for Magellan …

https://www.psychologytoday.com/us/therapists/magellan-behavioral-health/nj/cherry-hill

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Magellan Behavioral Health Therapists in Highland Park, NJ

(9 days ago) WebFind Magellan Behavioral Health Therapists, Psychologists and Magellan Behavioral Health Counseling in Highland Park, Middlesex County, New Jersey, get help for …

https://www.psychologytoday.com/us/therapists/magellan-behavioral-health/nj/highland-park

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